HUNGARY H2 Budapest now open
Hotelsschedule 14 July 2021
H2 in Budapest comprises 152 rooms
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The H2 Hotel Budapest, Trademark Collection by Wyndham has opened.
Warehouse & industrial
Czech-based industrial developer VGP has entered the Budapest market by purchasing a 38 ha development site in Üllő, adjacent to Budapest Ferenc Liszt International Airport.
Green projects
A BTS development that has recently been completed by Panattoni in Świebodzin with an area of 200,000 sqm has been awarded a BREEAM New Construction ‘Excellent’ certificate.
Events
Experts on environmental issues are increasingly keen to emphasise how important it is to adopt a practical approach aimed at effectively protecting the climate and the environment. The time for talking about this issue is over and we now have to put our words into practice. The clock is ticking and so we cannot remain indifferent in the face of the climate crisis.
Events
The impressive growth rate and astronomical profits generated by the warehouse and logistics sector are attracting more and more new players to the industry, who are entering the game completely without any inhibitions. The only question is, are there any New Worlds left to be discovered in the warehouse market?
Investment & finance
European Logistics Investment (ELI) has secured an EUR 111 mln loan agreement with Berlin Hyp for the refinancing of four logistics projects in Poland.
Warehouse & industrial
French multinational Saint-Gobain has expanded the space it leases in Panattoni Park D5 Hořovice in Central Bohemia.
Warehouse & industrial
Polish clothing group LPP is to occupy app. 64,000 sqm in two new Panattoni Park Tricity South II buildings, where it will begin operations in April 2022.
Warehouse & industrial
GLP has commenced work on the GLP Wrocław V Logistics Centre, the largest warehouse project underway in the Wrocław urban area.
Office & mixed-use development
Medicover, one of the largest private health providers in Poland, has prolonged its lease and is to offer a wider range of services in the Green Horizon office building in Łódź.
Retail & leisure
Jysk has leased 1,500 sqm in the Homepark Targówek retail park in Warsaw.
Office & mixed-use development
JLL has been appointed leasing agent for Ghelamco's Craft office building in Katowice.
Investment & finance
The European Bank for Reconstruction and Redevelopment has provided a EUR 72 mln loan to Polish real estate investor DL Invest Group.
Warehouse & industrial
Czech industrial developer CTP has acquired 153,000 sqm of warehousing space for an undisclosed sum from Olympian Parks, in Brașov in Transylvania, in Timișoara in western Romania and on Bucharest’s southern outskirts.
Investment & finance
Business software specialist SAP has acquired the Park Lane Office Center in Sofia from Park Lane Developments for EUR 49 mln.
Warehouse & industrial
Savills Investment Management, on behalf of its Savills IM European Logistics Fund 3, has acquired A2 Warsaw Park from Invesco Real Estate for EUR 112.5 mln.
Events
The warehouse sector has emerged unscathed from the pandemic, and in Poland the volume of investment and the number of investors continues to grow – and thus the number of jobs generated by the sector is also increasing. Employees have nothing to complain about in terms of the stability of their contracts and salary levels, but what does all this look like from the employers’ point of view? Find out at Eurobuild’s 17th Warehouse and Logistics Conference!
Warehouse & industrial
Construction work is to start this month on Panattoni Park Bolesławiec in Lower Silesia, which will comprise 50,000 sqm.
Warehouse & industrial
Polish food products distributor North Coast has leased 2,500 sqm in MLP Pruszków II.
Investment & finance
Echo Investment has sold the Moje Miejsce I office building in Warsaw for EUR 47.3 mln to an undisclosed institutional investor operating on the real estate market.
Residential
Atrium European Real Estate has announced that it has signed its first two residential transactions, for two properties with around 650 apartments for rent in Warsaw and Kraków – for a combined EUR 53 mln.
The Sofitel Wrocław Old Town, which was closed down permanently due to the pandemic, is to reopen as a Wyndham hotel after a new operator – Latvian company Mogotel – was secured for the hotel.
Radisson has opened its 15th hotel in Poland.
IHG Hotels & Resorts is to open the the first Holiday Inn Resort in Poland – in the Szklarska Poręba mountain resort in southwestern Poland, in partnership with AKME Wiśniewski Szklarska Poręba.
The H2 Hotel Budapest, Trademark Collection by Wyndham has opened.
Wing has completed the first Hungarian B&B Hotel on the banks of the Danube in Budapest, having converted the former Angyal office building on Boráros tér, near Petőfi Bridge.
Radisson Hotel Group has opened the Belgrade Art Hotel.
In 2020, EUR 370 mln was transacted in the hotel sector in Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia, according to the third CEE hotel investment report published by CMS and Cushman & Wakefield.
The Matild Palace hotel has reopened in Budapest after five years of extensive renovations. The building, which is owned by Özyer Group, is to be run by Marriott International as a Luxury Collection Hotel.
According to the Chamber of Commerce (Izba Gospodarcza Hotelarstwa) for the Polish Hotel Industry, Polish hotels face losses from May this year of up to PLN 750 mln.
The Radisson Blu Hotel, Bucharest, has reopened following a major capital investment to elegantly transform the hotel’s lobby and garden area, as well as increase the number of guest rooms to over 600.
The International Well Building Institute (IWBI) has confirmed that the two hotels in The Warsaw Hub development have been awarded the Well Health-Safety Rating.
Most owners and operators expect a rebound in the hotel sector in European capitals over 2023-2024, according to Cushman and Wakefield.
Focus Hotels has opened an 85-room hotel in Elbląg.
The IntercityHotel Budapest has opened next to the Keleti railway station., in the eastern part of the city centre.
Radisson Hotel Group has opened the Hotel Imperial Plovdiv under its Radisson Individuals brand.
Over 2020, RevPAR slid by 64 pct in Vilnius, 68 pct in Riga, and 72 pct in Tallinn according to figures from the Christie & Co consultancy.
An Ibis Styles hotel is to open in Golden Sands [Златни пясъци] in May. Accor has signed a franchise agreement with Valdemosa EOOD to rebrand the recently renovated Roomer Hotel Golden Sands.
B&B has raised EUR 180 mln for its worldwide development plans.
B&B Hotels has sold two hotels – in Prague and Budapest – to Primonial REIM, an independent Paris-based real estate asset management group for an undisclosed sum.
Greek hotel management company Zeus International has bought a portfolio of three hotels in Bucharest in a cross-border share deal from Cyprus-based Alpha Real Estate Services (ARES) for an undisclosed sum.
Missed us? Well, we’ve missed you. Obviously, I’m addressing these words to all the guests of the 2020 Eurobuild Awards who are now holding this hot-off-the-press October issue aft ...
Small talkAvison Young has certainly been sending out positive messages to the market, by expanding its team and the range of its services. Michał Ćwikliński and Monika Bronicka of the consu ...
Small talkOne of the most well-known names on the real estate consultancy scene in Poland is now taking his expertise to the proptech market. We asked Alan Colquhoun why this segment is so p ...
Polish real estate developer Cavatina Holding has unveiled its concept for the Cavatina Concert Hall on Bainbridge Island in Washington state, on the ...
Skanska is to build the Innovation Centre for Food Sciences for the Warsaw University of Life Sciences [SGGW].
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Robyg Group has turned to JLL to advise it on drawing up a comprehensive environmental, social and corporate governance (ESG) strategy.
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
It really was 'a hard day’s night'! We’ve had to wait for this moment much longer than usual, but it has definitely been worth it. It is now possible ...
Each month we reveal our Top 5 – the list of the five most popular news items and articles in Polish and English published on Eurobuild's website. The ...
Béranger Dumont, the CEO of BPI Real Estate Poland, speaks to Eurobuild FM about recent purchases of large plots in Wrocław and Poznań, coping with th ...
Experts on environmental issues are increasingly keen to emphasise how important it is to adopt a practical approach aimed at effectively protecting t ...
A BTS development that has recently been completed by Panattoni in Świebodzin with an area of 200,000 sqm has been awarded a BREEAM New Construction ‘ ...
The Sofitel Wrocław Old Town, which was closed down permanently due to the pandemic, is to reopen as a Wyndham hotel after a new operator – Latvian co ...
Avison Young has broadened its range of services with valuation and advisory.
Czech construction group Geosan has finalised the 100 pct acquisition of Slovak construction firm Váhostav – SK.
Globe Trade Centre has started the modernization of one the Aeropark Business Center in Warsaw.
European Logistics Investment (ELI) has secured an EUR 111 mln loan agreement with Berlin Hyp for the refinancing of four logistics projects in Poland ...
Slovakian real estate group HB Reavis has sold the site of the now demolished Transgas complex in central Prague to Czech developer PSN for CZK 870 ml ...
Medicover, one of the largest private health providers in Poland, has prolonged its lease and is to offer a wider range of services in the Green Horiz ...
Swedish residential rental specialist Heimstaden has commissioned Leach & McGuire to take on the leasing and property management of two Warsaw buildin ...
In Q2 2021, the value of the apartments sold in the exclusive Złota 44 residential tower in Warsaw was 28 pct higher than the previous highest figure ...
Atrium European Real Estate has announced that it has signed its first two residential transactions, for two properties with around 650 apartments for ...
Jysk has leased 1,500 sqm in the Homepark Targówek retail park in Warsaw.
Online shoe store Eobuwie.pl has just rolled out its esize.me app in service in Bulgaria, the Czech Republic, Greece and Hungary.
Czech-based industrial developer VGP has entered the Budapest market by purchasing a 38 ha development site in Üllő, adjacent to Budapest Ferenc Liszt ...
